Grech obviously thought the PSD acquisition would be good for the company, he wouldn't have gone ahead with it or invested his own money if he hadn't!
But there's no doubt he regrets the purchase now. During the HY results teleconference when he was asked, on retrospect, if he regretted the acquisition, he said in a gloomy tone, 'I'll let the results speak for themselves'.
SGH Price at posting:
38.5¢ Sentiment: None Disclosure: Not Held